Daily Times

Federal Board of Revenue (FBR) Chairman Shabbar Zaidi said on Wednesday that the assets declared under the tax amnesty scheme would not be used as evidence for any legal proceeding.

In a statement issued on Wednesday, Shabbar Zaidi clarified that the assets declared under section 12 of the Assets Declaration Ordinance 2019, could not be used as evidence against the declarer for a legal proceeding or fine under any other law.

“The assets declared would never be presented in any court of law or any other forum as evidence against those declaring their assets,” the statement added.

“And as a precautionary measure, this data will be secured in the FBR and will not be available to any official of the FBR or any other government agency. Section 12 of the law states that the declared assets will have legal immunity.”

Earlier, Minister of State for Revenue Hammad Azhar had also said that the government had ensured that those availing the amnesty scheme, or those who had mentioned their properties in the tax returns, would not be harassed.

He said he was giving the assurance to those intending to declare their assets under the current scheme that they would never face any difficulty in future due to this sharing of the data with the FBR.